Wallets/trust-wallet
Trust Wallet
0 standards supported
Overview
Trust Wallet is the world's leading self-custody Web3 wallet by users, trusted by 200+ million users as of 2025 [1, 2]. Major ownership shift: As of May 15, 2025, Trust Wallet is no longer owned or controlled by Binance Exchange Group — operates independently as separate legal entity following Binance's late-2023 sale of its shares. Trust Wallet supports 70+ blockchains + is regularly updated for fast-moving crypto ecosystem.
June 2025 — Trust Wallet launched Buy+ powered by Binance Connect — simplifies crypto access; also introduced deposit-from-exchange feature for moving crypto from Binance + Coinbase to Trust Wallet self-custody.
History
November 2017 — Trust Wallet founded by Viktor Radchenko as mobile-first Ethereum wallet.
July 2018 — Binance acquires Trust Wallet [2]: Strategic acquisition for Binance's self-custody product.
2019-2024 — Multi-chain expansion to 70+ blockchains [2]: Bitcoin, Ethereum, Solana, Cosmos, Polkadot, many others.
Late 2023 — Binance sells Trust Wallet shares [1]: Beginning of independence transition.
May 15, 2025 — Trust Wallet officially no longer owned/controlled by Binance Exchange Group [1]: Operates as independent legal entity.
June 2, 2025 — Trust Wallet launches Buy+ powered by Binance Connect [3]: Simplified onboarding; deposit-from-exchange feature.
Ownership & operator
Operating entity: Trust Wallet — independent legal entity (post-May 2025).
Founder: Viktor Radchenko (Ukrainian-American developer; sold to Binance 2018).
Former owner (2018-2023): Binance Exchange Group; late-2023 sold shares; May 15, 2025 fully independent.
Current ownership: Privately held; specifics post-Binance-sale not widely disclosed.
Regulator distinction: Non-custodial — users hold own private keys.
Technical integration
| Layer | Description |
|---|---|
| Channels | Mobile app (iOS + Android) + browser extension |
| Identifiers | Blockchain addresses across 70+ chains |
| Supported chains | 70+ blockchains — Bitcoin, Ethereum, BSC, Solana, Polygon, Cosmos, Polkadot, many others |
| Onboarding | Standard self-custody seed-phrase + Buy+ (June 2025+) via Binance Connect |
| Distinctive features | dApp browser, NFT marketplace, staking, DEX integration |
Users & growth
2025 [1]:
- Total users: 200+ million (largest self-custody Web3 wallet by users)
- Active users: 115+ million across platforms (per Ledger statistics report)
Use cases
Self-custody crypto storage across 70+ chains; DeFi (DEX swapping, lending, staking); NFT storage + trading; Web3 dApp browsing; cross-chain swapping; Buy+ fiat onramp (Binance Connect); deposit-from-exchange (Binance + Coinbase).
Implementations & partners
Operator: Trust Wallet (independent post-May 2025).
Strategic partner: Binance Connect (Buy+ feature, June 2025+) despite ownership independence.
Major competitors: MetaMask (143M users), Phantom (15M MAU), [[coinbase-wallet]] (3.2M MAU), Rainbow, Ledger Live + Trezor (hardware).
Fun facts
- November 2017 founded by Viktor Radchenko as mobile-first Ethereum wallet.
- July 2018 Binance acquired — strategic Web3-wallet play.
- May 15, 2025 fully independent from Binance following late-2023 share sale.
- 200M+ users — largest self-custody Web3 wallet by user count.
- 70+ blockchains supported — broadest multi-chain breadth among self-custody wallets.
- Buy+ Binance Connect (June 2025) — strategic Binance partnership despite ownership independence.
- Mobile-first vs MetaMask's browser-extension-first heritage.
Comparison
| Feature | Trust Wallet | MetaMask | Phantom | [[coinbase-wallet]] | Rainbow |
|---|---|---|---|---|---|
| Operator | Independent (post-May 2025; formerly Binance) | ConsenSys | Phantom Inc. | Coinbase Global (NASDAQ: COIN) | Rainbow |
| Type | Mobile-first self-custody | Browser-extension + mobile self-custody | Solana-native + multi-chain | Self-custody Web3 + Smart Wallet | Ethereum + L2 self-custody |
| Users | 200M+ total / 115M active | 143M total / 30M MAU | 15M+ MAU | 3.2M MAU | 100K+ |
| Chains | 70+ | 7+ (post-multi-chain expansion) | 6 | Multi-chain | Ethereum + L2 (Arbitrum, Optimism, Base) |
| Ownership | Independent post-May 2025 | ConsenSys (Lubin) | Phantom Inc. ($3B valuation Sequoia/Paradigm) | Coinbase Global | Independent |
| Distinctive | 70-chain breadth + Buy+ Binance Connect | mUSD stablecoin + Web3Auth onboarding | Solana-heritage; multi-chain expansion | Smart Wallet account-abstraction; Base L2 | Ethereum-design-focused |
Status
Active, independent self-custody leader [1, 3]:
- Trust Wallet independent legal entity since May 15, 2025 (formerly Binance subsidiary).
- 200M+ total users.
- 70+ blockchains supported.
- Buy+ Binance Connect (June 2025+) for simplified onboarding.
- Deposit-from-exchange (Binance + Coinbase) feature.
Sources
- 1 Trust Wallet vs exchanges — Trust Wallet
- 2 Trust Wallet — Wikipedia
- 3 Trust Wallet Buy+ — GlobeNewswire
- 4 Self-custodial Trust Wallet — Binance Blog
Source
Biography extracted from trust-wallet.md. See matrix.md for standards-support matrix if present.